The Funded Trader EMR Breaches and Stop Loss
The Funded Trader, a prominent player in the financial trading industry, has recently announced a significant reduction in its minimum stop loss requirements, cutting them by 80%. They also discus about the EMR system issues they are facing.
Minimum Stop Loss Adjustments:
The firm has lowered the minimum stop loss to 1 pip for forex, 1.50 USD for indices, and 0.20 USD for gold and commodities trading.
Addressing TFT EMR System Glitches:
In parallel to this change, The Funded Trader has acknowledged complications with its EMR system, which led to a series of invalid EMR breaches. Many traders voiced concerns as numerous accounts were impacted post-implementation of the EMR system, with reports of unwarranted breaches due to ‘ghost trades.’ In response, CEO Angelo Ciaramello confirmed the system’s flaws and assured the trading community of imminent improvements. Affected traders are expected to receive notifications regarding the restoration of their unbreached accounts.
Community Feedback and Future Directions:
Despite the firm’s efforts to amend its systems, the trading community remains vigilant. The primary concern is for a transparent, all-encompassing solution that extends beyond the Discord support channels, ensuring fairness and reliability for all involved.
